Indiana Economic Development Corporation

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The Indiana Economic Development Corporation (IEDC) was founded in 2005 and is charged with growing the state economy, driving economic development, helping businesses launch, grow and locate in the state. Led by Secretary of Commerce Bradley B. Chambers and governed by a 14-member board chaired by Governor Eric J. Holcomb, the IEDC is organized as a public private partnership and manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts.

The IEDC 5E economic growth strategy is centered on the following themes: Environment, Entrepreneurship, Economy of the Future, Energy Transition and External Engagement.


In 2022, the IEDC's strategic initiatives delivered: [1]


IEDC BOARD OF DIRECTORS & EXECUTIVE LEADERSHIP TEAM:


When Mitch Daniels was elected the 49th Governor of Indiana in 2004, he stated his number one priority was job creation. [2] To achieve that goal, he created the quasi-public Indiana Economic Development Corporation (IEDC), became chairman of its board, and ordered it to “act at the speed of business, not the speed of government” to attract new jobs.


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References

  1. "IEDC 2022 Annual Report".
  2. "Indiana Governor Mitch Daniels". National Governors Association. Archived from the original on September 30, 2007. Retrieved 2008-07-09.

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